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Texas gas well

Producing

PALMER STATE 348

Palmer State 348 is a gas well in Brooks County, Texas, operated by Merit Energy Company in the Home Run (Vicksburg Cons.) field.

1 well

10,911mcf gas, last 12 months+16% vs prior year
Operator
Merit Energy Company
County
Brooks County
Field
Home Run (Vicksburg Cons.)
RRC lease
04-209790

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Where it sits

This county

Brooks CountyBrooksDuvalJim HoggKenedyKlebergBrooks County
Brooks County
Oil, last 12 months
1,955 bbl
Gas in Jul 2026
737 mcf

Production by month

Gas output rose 16% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 16% over the last 12 monthsMonthly gas production and oil for PALMER STATE 348, Aug 2023 to Jul 2026. Gas output rose 16% over the last 12 months. 10,911 mcf in the 12 months through Jul 2026, against 9,420 mcf in the 12 months before.Last 12 months: 10,911 mcfmcf per monthbbl per month005001001,0002001,5003002,000400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 16% over the last 12 monthsMonthly gas production and oil for PALMER STATE 348, Aug 2023 to Jul 2026. Gas output rose 16% over the last 12 months. 10,911 mcf in the 12 months through Jul 2026, against 9,420 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005001001,0002001,5003002,000400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
88% of the gas went to a transmission line in the last 12 monthsShare of PALMER STATE 348 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
88% of the gas went to a transmission line in the last 12 monthsShare of PALMER STATE 348 gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    88% · 9,609 mcf

  • Lease fuel (1)

    12% · 1,302 mcf

1 well on this lease

Wells on PALMER STATE 348
API numberWell no.Status
42-047-3218410Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Buckhead Midstream, LLCCondensateGathers50Mar 1, 2022–
Gulfmark Energy, Inc.CondensateGathers50Aug 1, 2021–
Merit Energy CompanyGas-well gasBuys100Nov 1, 2017–
Merit Energy CompanyGas-well gasGathers100Nov 1, 2017–
Shell Trading (Us) CompanyCondensateGathers50Aug 1, 2021Mar 1, 2022
Shell Trading (Us) CompanyCondensateGathers100Nov 1, 2017Aug 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

598 acres on the newest permit

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Permits for Palmer State 348
API numberWell no.Acreson the permit
42-047-3218410598

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for PALMER STATE 348
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261841307376590$80.46$2.89
Jun 20261391228757780$84.81$3.15
May 20261592379588620$102.13$2.94
Apr 20261401229238310$100.32$2.77
Mar 20261731148988030$91.38$3.04
Feb 20261552107756740$64.51$3.62
Jan 20261421273903320$60.04$7.72
Dec 20251901251,0318800$57.97$4.26
Nov 20251621879888550$60.06$3.79
Oct 20251831311,2241,0760$60.89$3.19
Sep 20251612621,2931,1470$63.96$2.97
Aug 20251671078197120$64.86$2.91
Jul 20251341714413860$68.39$3.20
Jun 20251361273272850$68.17$3.02
May 20251642527586720$62.17$3.12
Apr 20251601308938000$63.54$3.42
Mar 20252391279028020$68.24$4.12
Feb 20251142641,0879320$71.53$4.19
Jan 20252021141,3551,1740$75.74$4.13
Dec 20242292581,2801,1020$70.12$3.01
Nov 20241851315034410$69.95$2.12
Oct 20242292657716620$71.99$2.20
Sep 202472655034310$70.24$2.28
Aug 20241962406005130$76.68$1.99
Jul 20242241268477300$81.80$2.07
Jun 20241902574483860$79.77$2.54
May 20241962485965250$80.02$2.12
Apr 20242241265144500$85.35$1.60
Mar 20242383826175420$81.28$1.49
Feb 20242001257536670$77.25$1.72
Jan 20242802481,2041,0730$74.15$3.18
Dec 20232963031,3671,2500$71.90$2.52
Nov 20233272627456980$77.69$2.71
Oct 20233093691,9231,8470$85.64$2.98
Sep 202338129000$89.43$2.64
Aug 202300000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorMerit Energy CompanyFieldHome Run (Vicksburg Cons.)CountyBrooks County

Merit Energy Company in Brooks County

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Home Run (Vicksburg Cons.) field

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